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  1. Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in September. These fiscal interventions total 910 million euros, nearly evenly split between lowering... disbursements earmarked to build a total buffer in the region of 26 billion euros so Greece could be fully

    11%

  2. Primary surplus confirmed at 6.44 bln in October on revised budget targets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    exactly on target. Of the total revenues, 1.49 billion were EU funded while 198 million were from... the target by 1.32 billion. Out of the total PIB expenditure, 1.66 billion came from co-funded sources while

    11%

  3. BoG highlights areas of concern in underlying NPE data
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    in the first half of the year to 19.9 billion euros, representing 22 percent of total NPEs. It is important... billion euros, standing at 46 percent of total NPEs, reduced by 5.2 percent from the end of last year

    11%

  4. October deposit inflows turn negative by 345.5 mln for first time since January

    EconomyMacroeconomy

    of 2.47 billion and sight inflows of 2.02 billion, as well as savings inflows of 314.6 million. Total... increased by 974 million euros month-on-month (MoM) in October. As of the latest month, the total

    11%

  5. After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    -annually until June 2022. Greece expects to receive in total close to 5 billion over the period, meant... amount to just short of 2 billion euros. Out of the bonds total, close to 5.8 billion euros is bonds

    11%

  6. Parties vie for voters' attention as New Democracy prepares for congress
    Photo by MacroPolis

    PoliticsGreek Politics

    , or Katrougalos law, passed in 2016. Around 620,000 recipients, out of a total 2.6 million pensioners... the scheme would apply for taxpayers owing up to 3,000 euros in total, which he said would cover

    11%

  7. Budget primary surplus at 7.61 bln in November as expenditure curtailed
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. Of the total revenues, 1.50 billion were EU funded while 360 million were from the government... by 1.55 billion. Out of the total PIB expenditure, 1.94 billion came from co-funded sources while 552

    11%

  8. Hirings balance negative by 33,249 in November as seasonality impact begins to tail off
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    . However, compared to November 2017, there were an additional 5,972 hirings than departures. Total... employment dropped to 45.8 percent of the total, compared to 41.6 percent for part-time work and 12.6

    11%

  9. October current account deficit at 871.3 mln as goods balance worsens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to a deficit of 111.8 million. BoG noted that at constant prices, total exports of goods rose by 10.9 percent, and total imports rose by 15.4 percent. In absolute terms, imports came to 5.43 billion

    11%

  10. Budget surplus overshoots 11M target due to lower primary expenditure, investment spending
    Photo by MacroPolis

    EconomyMacroeconomy

    billion, improving on the target by 105 million. Of the total revenues, 1.5 billion were EU-funded... percent YoY to 2.5 billion, falling under the target by 1.55 billion. Out of the total PIB

    11%